Saudi Arabia

Saudi Arabia Quarantines banknotes, coins for up to 20 days

Saudi Arabia will quarantine banknotes and metal coins it receives from domestic and international sources for a period of 14 to 20 days as part of precautionary measures amid the coronavirus pandemic, according to the Saudi Arabia Monetary Authority (SAMA).

“We have taken precautionary measures to isolate and sterilize both paper and metal currencies, whether coming from inside or outside the Kingdom, by isolating them for a period of 14 days, and up to 20 days, depending on where it has come from,” SAMA said in a promotional video explaining their procedures.

SAMA said currencies would be placed in specific cages where sterilization could be applied, besides sorting all banknotes to ensure their quality and cleanliness.

“Banknotes and coins will undergo a special treatment mechanism to ensure they are safe to use,” according to SAMA. “Then they will be sorted by machines automatically in accordance with the authority’s stringent quality standards, with dirty or unfit notes destroyed immediately.”

The central bank said it directed financial institutions to take the necessary precautions to ensure that currencies are sanitary.